Sky Mavis is a Vietnamese technology company founded in 2018 that builds blockchain infrastructure and Web3 games. The company operates Axie Infinity, a blockchain-powered virtual world with a player-owned economy, and Ronin, an EVM-compatible blockchain designed specifically for gaming applications. Sky Mavis has processed over $4.3 billion in on-chain volume and has raised over $170 million in backing from investors including Andreessen Horowitz, Accel, Libertus Capital, and Paradigm.
Axie Infinity operates as a virtual world where players own in-game assets as tokenized items on the blockchain. Ronin serves as the underlying infrastructure layer, providing the blockchain layer optimized for gaming transactions and interactions. The company's technical focus spans blockchain infrastructure, digital ownership systems, and the development of decentralized virtual worlds.
Sky Mavis was founded by Trung Nguyen, Jeff Zirlin, and other co-founders. The company's stated mission centres on creating economic freedom, beginning with opportunities for gamers through player ownership and digital asset control.